3 excellent ASX ETFs to buy with $3,000 this month

Let's find out why these top ETFs could be worth considering as buys this month.

| More on:
Three people in a corporate office pour over a tablet, ready to invest.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Exchange-traded funds (ETFs) are a great way to build a diversified portfolio with minimal effort.

Whether you're just starting your investment journey or looking to add some high-quality exposure to your portfolio, ASX ETFs provide a cost-effective and convenient way to invest in a broad range of assets.

If you have $3,000 to invest this month, here are three excellent ASX-listed ETFs that could be worth considering.

Betashares Global Cybersecurity ETF (ASX: HACK)

Cybersecurity is a megatrend that is only growing in importance. As businesses and governments continue to digitise their operations, the threat of cybercrime has become a multi-trillion-dollar problem. In fact, Betashares notes that global cybercrime is projected to cost the global economy over US$10 trillion annually this year, creating strong demand for cybersecurity solutions.

The Betashares Global Cybersecurity ETF offers investors exposure to some of the world's leading cybersecurity companies. The ETF includes major players such as Palo Alto Networks, CrowdStrike, and Fortinet, which provide cutting-edge security solutions to combat cyber threats.

With the increasing reliance on digital infrastructure and the rising cost of cyberattacks, the Betashares Global Cybersecurity ETF could be a great long term pick for investors.

Betashares Australian Quality ETF (ASX: AQLT)

If you're looking for high-quality Australian companies, then the Betashares Australian Quality ETF could be just the ticket. This ASX ETF follows a rules-based strategy to select companies based on strong fundamentals, which ensures that investors gain exposure to businesses with solid financial health and competitive advantages.

Betashares Australian Quality ETF holds a mix of blue chip stocks with strong balance sheets, stable earnings, and consistent profitability. Some of its key holdings include Telstra Group Ltd (ASX: TLS), Wesfarmers Ltd (ASX: WES), Westpac Banking Corp (ASX: WBC), and Pro Medicus Limited (ASX: PME), all of which have a proven track record of delivering value to shareholders.

Legendary investor Warren Buffett has long emphasised investing in high-quality businesses with durable competitive advantages, and this fund aligns well with this philosophy. If you want a long-term, core holding in your portfolio, this ETF could be a solid choice. Betashares recently tipped it as one to buy.

Betashares Australian Momentum ETF (ASX: MTUM)

Momentum investing is a strategy that involves buying stocks that have demonstrated strong price performance and selling those that have underperformed. While this approach can be difficult for individual investors to execute effectively, the Betashares Australian Momentum ETF makes it easy.

This fund provides exposure to a professionally managed portfolio of ASX stocks that are experiencing strong upward price trends. It is systematically rebalanced to capture emerging winners while removing underperforming stocks. This strategy removes the emotional biases that often lead investors to buy high and sell low.

By investing in the Betashares Australian Momentum ETF, you gain access to a proven trend-following strategy that has historically delivered strong returns. No wonder Betashares recently named it as one to buy.

Motley Fool contributor James Mickleboro has positions in Pro Medicus. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Cybersecurity ETF, CrowdStrike, Fortinet, and Wesfarmers. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Palo Alto Networks and Pro Medicus. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and Telstra Group. The Motley Fool Australia has recommended CrowdStrike, Pro Medicus, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Unsure man analysing data on laptop.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a return to selling for investors this Wednesday.

Read more »

A man looking at his laptop and thinking.
Share Market News

Why Thursday is shaping up to be a BIG day for the ASX 200

We could see some big moves on the ASX 200 tomorrow.

Read more »

A young woman wearing overalls and a yellow t-shirt kicks one leg in the air showing excitement over the latest ASX 200 shares to hit 52-week highs
Share Gainers

Why Clover, DroneShield, Imugene, and New Hope shares are racing higher today

These shares are having a good time on hump day.

Read more »

Woman looking at a phone with stock market bars in the background.
Opinions

Here's how much share markets are down this month (and what I'm doing as a long-term investor)

Market sell-offs don't always mean there are bargains to be found.

Read more »

A man sits thoughtfully on the couch with a laptop on his lap.
Share Gainers

Why this little-known ASX share just rocketed 27% in today's struggling market

The ASX share is grabbing investors' interest on Wednesday. But why?

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why Helia, Mineral Resources, Ora Banda, and Webjet shares are tumbling today

These shares are having a tough time on hump day. But why?

Read more »

Australian notes and coins symbolising dividends.
Dividend Investing

This ASX dividend share offers an income yield of 7.4%

This could be a very fashionable dividend stock to own for income.

Read more »

Smiling man sits in front of a graph on computer while using his mobile phone.
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »